Thinking about a eurozone breakup

This project draws on post-Bretton Woods history of large-scale currency moves. Each observation marks the date at which the currency collapsed or went from slow fall to freefall. The penultimate column is the change in the nominal exchange rate over the following  months. The final column is the cpi inflation rate from the breakup plus 12 months. To qualify as an event, the exchange rate must drop a minimum of 20% over six months. The events of interest are those which were not offset by inflation; we’re interested in big real depreciations. 

ccodecountrydatencusdepprecp~12devaltempcpi
5Argentina2002m1.9991032117.7919-69.49303.3336353
7Australia1989m11.12688883.76093-13.3987.0779939
20Brazil2001m22.03546774.89955-13.3032.0914023
29China1984m82.4196231.7714-17.04608-.2707708
29China1989m113.7314129.1318-28.72479.043798
29China1993m125.814579.85056-31.32102.2271347
30Colombia2002m62398.8267.52859-14.85454.0696445
54Greece1991m2163.3496156.8637-13.58084.1576862
63Indonesia1986m81132.292553.7112-30.93792.0881588
63Indonesia1997m62430.58361.029-83.66028.3670013
67Israel1988m111.5855190.0603-19.25134.1821845
70Japan1995m788.3881481.24142-17.72081.0039606
75South Korea1997m9914.483.43518-34.26312.0664587
89Malaysia1997m72.63977.51146-36.33294.0423975
91Malta1992m9.3009864102.0785-20.84933.0397878
94Mexico1982m1.026548504.664-82.14598.7421452
94Mexico1985m6.2451979.982-61.62881.6052652
94Mexico1994m113.4386167.5194-54.43571.3951592
104New Zealand1984m61.57728767.23439-23.6593.1537352
115Philippines1983m510.083322.3331-27.98885.2621531
115Philippines1997m626.384107.2274-37.31676.0801048
116Poland1991m4.9500034221.4435-30.80303.4270055
117Portugal1992m9125.5107.8306-24.94901.062161
121Russia1998m76.238125.933-74.21249.4046242
129Slovenia1995m7112.8545126.0007-14.46881.0869267
131South Africa1996m13.6523160.2984-19.96012.0862052
131South Africa2001m88.396368.81133-21.01243.0852447
132Spain1992m891.51575111.5168-31.71966.0494118
136Sweden1982m96.2892.05548-19.59027.090193
136Sweden1992m95.30488.97937-34.35644.0413332
137Switzerland1987m121.271569.04295-15.3462.0187459
137Switzerland1991m11.25872.56998-11.96641.0475683
137Switzerland1992m91.237272.46855-13.54298.0341811
142Thailand1997m624.6956875.08898-41.46547.1005292
146Turkey1991m1.003044927510.29-44.55163.5306886
146Turkey2001m1.6807995114.1013-48.58105.4906485
151UK1981m1.420964122.173-20.71143.1079772
151UK1984m8.763475390.583826.619332.0514967
151UK1992m8.503905296.53842-25.00378.0171313
 
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